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Dec 28, 2012
12/12
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washington, d.c., partly sunny, 42. atlanta, partly sunny, 54. st. louis, cloudy, 38, denver, mostly cloudy, 33, seattle, mostly cloudy, 44 degrees. >>> here's another look at this morning's top stories. general schwarzkopf died at his home yesterday in tampa. he drove iraqi forces out of kuwait. he died from complications related to pneumonia. he was 78 years old. >>> and president obama meeting with congressional liters this afternoon at the white house to try to cut a deal to avoid the so-called fiscal cliff. in ten days across h board-spends cuts take effect. >>> if president obama and congress fails to reach an agreement the price of milk could lead sharply. john blackstone reports. >> who wants milk? >> me. >> me. >> me. >> reporter: with four children the rasmussen family in california drinks about five gallons a week on milk. if congress doesn't pass the bill, i would cost him $106. >> they have to have their milk. we might have to cut elsewhere. >> reporter: back then the process was more laborious and farmers needed a higher subsidy to cove
washington, d.c., partly sunny, 42. atlanta, partly sunny, 54. st. louis, cloudy, 38, denver, mostly cloudy, 33, seattle, mostly cloudy, 44 degrees. >>> here's another look at this morning's top stories. general schwarzkopf died at his home yesterday in tampa. he drove iraqi forces out of kuwait. he died from complications related to pneumonia. he was 78 years old. >>> and president obama meeting with congressional liters this afternoon at the white house to try to cut a deal...
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Dec 19, 2012
12/12
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CNBC
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now back to washington d.c. whether a fiscal cliff deal includes a rate hike the fact is a tax is a tax. and a huge amount of money will move from the private sector to the government. by the way, it isn't going to solve the deficit. let's go to doug holts president of the american action forum. i think too few people have exam inned the impact of this thing. one way or the other, that is a lot of money draining from the private sector to the government. i would have to agree with you, this is an economy. i would put p it into one perce and you hear people talk about the numbers. but underneath the numbers you have to worry about the quality of the policy. it is the worst way to raise revenue, and that is attribute to the fact that the politics are trumping the politics right now. >> in economic turns if you put a 39.6% tax rate on millionaires and above, if you do that, would that be the least ownerous thing you have heard so far? >> i think the goal should be, the least we've seen so far. but it didn't get a g
now back to washington d.c. whether a fiscal cliff deal includes a rate hike the fact is a tax is a tax. and a huge amount of money will move from the private sector to the government. by the way, it isn't going to solve the deficit. let's go to doug holts president of the american action forum. i think too few people have exam inned the impact of this thing. one way or the other, that is a lot of money draining from the private sector to the government. i would have to agree with you, this is...
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Dec 27, 2012
12/12
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CNNW
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dana bash is in washington. great to see you. within the past hour, senate majority leader harry reid spoke on the floor. he really gave it to john boehner. he got pretty personal. >> he did. he really laid the blame at boehner's lap. talked about the fact that he was surprised that the house isn't even in session, which is true, but let's get real. the senate came back into session this morning. most importantly, he was very, very pessimistic about getting anything done before we reach that fiscal cliff. listen to what he said. >> the speaker just has a few d days left to change his mind, but i have to be very honest, mr. president. i don't know time wise how it can happen now. >> let me kind of lay out the state of play. i'll try to keep it out as much as possible. this is something everybody is focused on. the ball is in the senate's court right now. so what senator reid, who you saw earlier, and the president, what they are trying to figure out is whether or not they can craft what the president called a scaled-back bill, whi
dana bash is in washington. great to see you. within the past hour, senate majority leader harry reid spoke on the floor. he really gave it to john boehner. he got pretty personal. >> he did. he really laid the blame at boehner's lap. talked about the fact that he was surprised that the house isn't even in session, which is true, but let's get real. the senate came back into session this morning. most importantly, he was very, very pessimistic about getting anything done before we reach...
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Dec 29, 2012
12/12
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CNNW
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we don't expect anything big in the next 24 hours, but this is after all washington. right now, it's time for piers morgan tonight. >> tonight, tyler perry is a successful writer, director, actor. >> she told me you're the best interviewer in the world, so i'm worried. >> his movies have grossed over $600 million. >> it means i get to reinvest in what i do and i'm able to hire a lot more people. >> and he knows how to wear a dress. have you ever thought you were going to be world famous for cross dressing. >> never in a million years. even the first time i did it, i didn't think it would last as long as it did. >> the greatest gift in my life is what my audience has given me. >> and she's a fine girl. brandy back to the spotlight and speaking from the heart about her mentor, whitney houston. >> i felt like i wasn't there for her enough at the end of her life. >> this is "piers morgan tonight." >>> now to the man of the hour, tyler perry. welcome, tyler. >> thank you, thank you. >> are you nervous? >> a little bit. a little bit. >> had a word with my friend. >> she tol
we don't expect anything big in the next 24 hours, but this is after all washington. right now, it's time for piers morgan tonight. >> tonight, tyler perry is a successful writer, director, actor. >> she told me you're the best interviewer in the world, so i'm worried. >> his movies have grossed over $600 million. >> it means i get to reinvest in what i do and i'm able to hire a lot more people. >> and he knows how to wear a dress. have you ever thought you were...
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even the washington generals get lucky once in a while. but when you look at the overall record between the two teams, for god's sakes there are radio stations that play nothing but christmas carols, stores that sell nothing but christmas decorations all yearlong. there is a tv channel devoted to a yule log. and it's kicking cnn's ass in the ratings. don't worry, non- log-burning channel, there's christmas programs for you as well. there's tiny traditional christmas programming, really old-timey. special christmas programming. urban christmas specials. mormon christmas specials. country western christmas specials. chipmunks' christmas specials. otter christmas specials. bear christmas specials. cat christmas specials. large-headed child christmas. gay christmas. jewish christmas. whatever the [bleep] this is christmas. christmas underwater. christmas from the future. prehistoric christmas. that's right. there's a christmas special celebrating jesus' birth thousands of years before the birth of jesus. ( applause ) that is a holiday that is
even the washington generals get lucky once in a while. but when you look at the overall record between the two teams, for god's sakes there are radio stations that play nothing but christmas carols, stores that sell nothing but christmas decorations all yearlong. there is a tv channel devoted to a yule log. and it's kicking cnn's ass in the ratings. don't worry, non- log-burning channel, there's christmas programs for you as well. there's tiny traditional christmas programming, really...
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Dec 28, 2012
12/12
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FOXNEWSW
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. >> right now the spending that we have in washington d.c. is affecting this country. >> i hope the speaker and his republican party will be here, democrats, working to finish the task in reaching an agreement to avert the fiscal cliff. >> barrasso said president obama is eager to go over the fiscal cliff. senator barrasso joins us. well, why do you say that? >> well, i think the president sees political victory at the bottom of the cliff in term of the increased tax money coming in that he can spend for other programs. i think he sees a lot of cut to the military which the democrats have been after for a long time and then he gets to do what he loves to do, is to blame republicans. my concern is that i actually see financial problems for our nation at the bottom of the cliff and that's why i want to get a solution. >> tomorrow do you think it's going to be the beginning of the emergency meeting at the white house, is it the beginning of a deal or is it a political drama? >> my concern is it may be a political charade by the president and har
. >> right now the spending that we have in washington d.c. is affecting this country. >> i hope the speaker and his republican party will be here, democrats, working to finish the task in reaching an agreement to avert the fiscal cliff. >> barrasso said president obama is eager to go over the fiscal cliff. senator barrasso joins us. well, why do you say that? >> well, i think the president sees political victory at the bottom of the cliff in term of the increased tax...
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Dec 23, 2012
12/12
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CSPAN
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host: charles in bosier city, louisiana, you're on the washington journal with stephen dinan of the washington times. caller: merry christmas to y'all. first comment, i just want to know if we're going to get our social security increased. my second comment, and please let me finish on this point. there's a bill in the senate to give the folks of new jersey and new york a $60 billion in cast in disaster relief. i want the people of new york and new jersey to get every penny they need. but this country is broke. mr. coast, the senator from louisiana has brought a billiton -- a bill to the floor. he is a republican -- say hey, wait just a minute let's give you about $17 billion and then all this pork that's in this bill. it is loaded down with pork right now. loaded. harry reid put all kinds of pork in it. like i say, give them the $17 billion and then in about 90 days, come back and see what else the folks need in that area. but i don't believe -- if one republican votes for that $60 billion, every one of them ought to be thrown out for treason in the republican party. host: this is the headlin
host: charles in bosier city, louisiana, you're on the washington journal with stephen dinan of the washington times. caller: merry christmas to y'all. first comment, i just want to know if we're going to get our social security increased. my second comment, and please let me finish on this point. there's a bill in the senate to give the folks of new jersey and new york a $60 billion in cast in disaster relief. i want the people of new york and new jersey to get every penny they need. but this...
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smith goes to washington and expresses his intention to late dore something." (laughter) now, harry reid's doing this because he claims republicans are abusing the filibuster. >> i have faced 386 filibusters. >> stephen: 386 filibusters during harry reid's six years as majority leader. and given how little congress works, some of that has to be mitch mcconnell stopping by harry reid's family dinner to block passage of the mashed potato. (laughter) but i say so what? that's just politics. and mitch mcconnell is warning it could get worse. >> if the majority chooses to end the filibuster, if they choose to change the rules and put an end to democratic debate then the fighting, the bitterness, and the gridlock will only get worse. in the name of efficiency they would prevent the very possibility of compromise and threaten to make the disputes of the past few years look like mere pillow fights. >> stephen: he's right. to me they already look like pillow fights. i'm pretty sure joe lieberman's jowls are memory foam. (laughter) so you've been warned, harry reid! take
smith goes to washington and expresses his intention to late dore something." (laughter) now, harry reid's doing this because he claims republicans are abusing the filibuster. >> i have faced 386 filibusters. >> stephen: 386 filibusters during harry reid's six years as majority leader. and given how little congress works, some of that has to be mitch mcconnell stopping by harry reid's family dinner to block passage of the mashed potato. (laughter) but i say so what? that's just...
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Dec 20, 2012
12/12
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FOXNEWSW
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thank you washington for all your help. winter does not start until tomorrow. don't try telling these folks that. an extreme storm system leaving millions in trouble in dixie. and new york's long island express expreway is almost always a giant mess but this is incredible. exit 68 on the east side is a wild multi-car pileup. look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get
thank you washington for all your help. winter does not start until tomorrow. don't try telling these folks that. an extreme storm system leaving millions in trouble in dixie. and new york's long island express expreway is almost always a giant mess but this is incredible. exit 68 on the east side is a wild multi-car pileup. look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd...
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Dec 28, 2012
12/12
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FOXNEWSW
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all we need to just suck it up, take the consequences of all of the provely gacy over the years in washington, d.c. when they say cut spending, mean it. >> mean it. >> efficient the fiscal cliff, it should be called the obama cliff and swan dive over it. good idea or bad idea? >> yeah. i think that would be part of accepting all the consequences and letting the chips fall where they need to fall. but i think what the house republicans need to do especially, knowing that they had whatever mandate they did have after the election, house to be the opposition party, to stand for core limited government principles and not sell us down the river. particularly all the small business operators and entrepreneurs trying']jñ to kep their head above water. >> thank you very much. have great weekend. >> you too. >>> we have senate minority leader mitch mcconnell existing the meeting now. we're going to keep our eye out and hopefully one of these guys comes to a camera. in the watch it. former president george bush bush remains in intensive care but good news regarding his condition. we'll have the lates
all we need to just suck it up, take the consequences of all of the provely gacy over the years in washington, d.c. when they say cut spending, mean it. >> mean it. >> efficient the fiscal cliff, it should be called the obama cliff and swan dive over it. good idea or bad idea? >> yeah. i think that would be part of accepting all the consequences and letting the chips fall where they need to fall. but i think what the house republicans need to do especially, knowing that they...
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Dec 21, 2012
12/12
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CNBC
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we're not closer to a deal in washington today. you can tell from the sell-off, investors do not like it. >> no, posting their largest decline since november 14th, in case you were wondering. although we are off the lows of the session right now. the dow was down 189 two hours into the trading session. we've come off those lows. but at this point, the dow is down 1% for the week and we are down 1% today at 13,173. nasdaq lower, as well. let's see how many percentage points we're down right now. down 1.25%. the technology sector is taking a bigger hit today. down to 3,012 on the nasdaq and the s&p 500 index is down 1% at 1428. . >> house speaker john boehner says he's still open to a offer from the democrats. >> it was a dramatic evening last night. john harwood was there. he has the latest on the on talks. are there any talks, john? >> i think so. but they're pretty muted. this bill was not win of those weeks that makes washington look good. come to think of it, there aren't many weeks that make washington look good. but this was e
we're not closer to a deal in washington today. you can tell from the sell-off, investors do not like it. >> no, posting their largest decline since november 14th, in case you were wondering. although we are off the lows of the session right now. the dow was down 189 two hours into the trading session. we've come off those lows. but at this point, the dow is down 1% for the week and we are down 1% today at 13,173. nasdaq lower, as well. let's see how many percentage points we're down...
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Dec 30, 2012
12/12
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CNNW
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what would happen to me or my family sitting here in washington, d.c.? >> well, if you like anything made with milk, you're going to be impacted by the fact that there's no farm bill. if there is ant extension of the existing bill or a new bill basically on january 1st or shortly thereafter, permanent agriculture law giffords back into place, 1949 law, sch means that the federal government will go back ft business of strongly supporting the dairy industry by raising the price support if you will or support for dairy products to $38 a hundred weight. that's almost double what the price of milk is today. that's going to ultimately ramp up so the consumers when they gt in the grocery store are a bit shocked when instead of seeing 3.60 for milk they see $7 a gal fon more milk. that will ripple through all the commoditie commodities. it impacted consumers and those concerned about the energy security of country because the farm bill promoting alternative energy sources and ways to create a biofuel industry that's robust and creates consumer choice. for those
what would happen to me or my family sitting here in washington, d.c.? >> well, if you like anything made with milk, you're going to be impacted by the fact that there's no farm bill. if there is ant extension of the existing bill or a new bill basically on january 1st or shortly thereafter, permanent agriculture law giffords back into place, 1949 law, sch means that the federal government will go back ft business of strongly supporting the dairy industry by raising the price support if...
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Dec 12, 2012
12/12
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KRCB
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plus, both colorado and washington state voters ha okayed marijuana. we talk with one company already profiting from medical marijuana products. >> tom: the college football bowl season is a lesson in supply and demand economics, showing how the market economy works for the same seat in the same stadium for two different games. here's rick horrow with tonight's "beyond the scoreboard." >> reporter: they're two of the biggest games of the college football season, but despite being played in the same stadium just six nights apart, interest in the discover range bowl and the b.c.s. national championship game couldn't be more different. the average ticket price for the title game between traditional powers alabama and notre dame is a whopping $2,400, which is more expensive than two of the last three super bowls. the game likely will be the most-watched event in cable tv history, with more than 30 million people expected to tune in. both alabama and notre dame will pocket $22 million for the appearance. for the orange bowl, florida state and northern illin
plus, both colorado and washington state voters ha okayed marijuana. we talk with one company already profiting from medical marijuana products. >> tom: the college football bowl season is a lesson in supply and demand economics, showing how the market economy works for the same seat in the same stadium for two different games. here's rick horrow with tonight's "beyond the scoreboard." >> reporter: they're two of the biggest games of the college football season, but...
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Dec 21, 2012
12/12
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FOXNEWSW
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wh are people in washington doing with their last few hours on earth? on earth? griff i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >> greta: 11:00 is almost here, that means it is time for last call. so we hope you didn't have unfinished business because according to the mayan calendar, the world ends tomorrow, griff jenkins hit the streets to find out what folks are doing in the final few hour autos you can forget about the fiscal cliff a cording to the mayan calendar, the world is ending tomorrow, what are you guys going to do? any special plans tonight? >> get drunk. >> spending my remaining time with my beautiful wife. we're going to celebrate in our own little way, just in case. >> we have friends in germany. he's 16 hours ahead. and he's still there. >> the end of the world? i think i can't talk about it. >> have you heard that? >> yes. yes. >> no big plan
wh are people in washington doing with their last few hours on earth? on earth? griff i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >> greta: 11:00 is almost here, that means it is time for last call. so we hope you didn't have unfinished business because according to the mayan calendar,...
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Dec 27, 2012
12/12
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CNBC
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you speak washington ese. the house is convening. the president is -- >> doesn't it just make you sick? >> the were inthing you want to watch is eachon javers. i thought it was a perfect graphic. it's fabulous. you can't make it up. >> what do you do when you don't know what's going to happen, and you really don't. if you can get the debt limit thing right and guess how it's going to turn out or guess that it's actually going to do something, all evidence to the contrary, how would you invest, and when you recognize that none of us probably know and got it wrong the last time the debt ceiling came around. still be conservative and get some great balance sheet, but some names like john ehrlichman. could go savnlt these are names with big balance sheets will last you through to the. >> rick santelli, we spoke to you earlier on the show, did i get the impression that you're feeling a little more helpful? are you feelingmore so after speaking with the senators. >> i think the party will be with the parties doing the right place to actual
you speak washington ese. the house is convening. the president is -- >> doesn't it just make you sick? >> the were inthing you want to watch is eachon javers. i thought it was a perfect graphic. it's fabulous. you can't make it up. >> what do you do when you don't know what's going to happen, and you really don't. if you can get the debt limit thing right and guess how it's going to turn out or guess that it's actually going to do something, all evidence to the contrary, how...
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Dec 28, 2012
12/12
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WUSA
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hayward and we have breaking news from southeast washington. police gave chase to a stolen car that collided with a metrobus at wheeler road and southern avenue. that's near the prince george's county border. our kristin fisher is standing by and she has the latest information. kristin? >> reporter: well, what happened was three people were in a stolen car and they were driving down wheeler road when they were spotted by police. now, they just tried to speed off after police tried to pull them over but the police did not pursue them. still, they kept driving down this road i mean they were zigging and zagging out of traffic. a very dangerous situation. then they started going so fast that they sped out of control and when they tried to turn here on to southern avue they crashed into a metrobus. you see that one passing right there. and it was a head-on crash. so just take a look at what it looked like. i mean, this stolen nissan maxima was completely crushed in the front. the bus fared far better but both the driver and one passenger were taken
hayward and we have breaking news from southeast washington. police gave chase to a stolen car that collided with a metrobus at wheeler road and southern avenue. that's near the prince george's county border. our kristin fisher is standing by and she has the latest information. kristin? >> reporter: well, what happened was three people were in a stolen car and they were driving down wheeler road when they were spotted by police. now, they just tried to speed off after police tried to pull...
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Dec 30, 2012
12/12
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CSPAN
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host: next up is don on the washington redskins. -- "washington journal." caller: i've been on social security for several years now. it's my understanding that the amount of money that you pay in through the payroll tax affects the amount of social security that you receive and it looks to me like people are under the illusion that this 2% is a good deal but at the same time, why they're going to be shortening themselves when they retire. is that right? guest: so that's a good question. it actually isn't really right. so the payroll tax is basically being used as a vehicle to deliver the tax cuts to workers. the way the federal budget accounting works is that the money that is not going into the social security system via the reduced payroll tax, is being reimbursed from general revenue so the reduced -- the reduced payroll tax from the last few years will not affect benefits that you accrue for the future. host: mark of the american enterprise institute writes under the headline "make the middle class pay more." he says -- host: your thoughts about what m
host: next up is don on the washington redskins. -- "washington journal." caller: i've been on social security for several years now. it's my understanding that the amount of money that you pay in through the payroll tax affects the amount of social security that you receive and it looks to me like people are under the illusion that this 2% is a good deal but at the same time, why they're going to be shortening themselves when they retire. is that right? guest: so that's a good...
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Dec 23, 2012
12/12
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FOXNEWSW
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peter doocy is live in washington with the latest on the question of guns and guards in is schools. >> the consultant leading the nra's effort to secure the schools is asa hutchinson, a former republican congressman from arkansas who said he didn't think new laws and prohibition is the right way to respond to what happened in sandy hook and compared the nra plan to put a trained guard in every american school to the federal air marshal program put in place after 9/11. >> more sensitive that be airplanes. people resisted having weapons on airplanes but i oversaw the federal air marshals and it's a deterrent, no one sees that weapon but they're protected on the airplane and it's a positive impact on safety. schools are a sensitive environment as well. you could provide safety and security with armed, trained, personnel without putting fear in everyone. >> he argued since timothy mcveigh used fertilizer to kill men, women and children in oklahoma city, restricting firearms will not make children safer but many lawmakers are skeptical about the nra plan. >> we have armed officers in many
peter doocy is live in washington with the latest on the question of guns and guards in is schools. >> the consultant leading the nra's effort to secure the schools is asa hutchinson, a former republican congressman from arkansas who said he didn't think new laws and prohibition is the right way to respond to what happened in sandy hook and compared the nra plan to put a trained guard in every american school to the federal air marshal program put in place after 9/11. >> more...
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Dec 27, 2012
12/12
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WBAL
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and is taking out an ad in "the washington post" featuring a quote from lincoln. will it work? we will see. hallie jackson, wbal-tv 11 news. >> 6;09. 37 degrees at the airport. >> former president george h.w. bush is transferred to intensive care. we will have an update. >> i giant aquarium suddenly collapses. >> everyone has that fear when they stand by it. it is terrifying. the wind is picking up today. >> this is a live picture of the qtw=!n >> welcome back to 11 news today. 6:13. 41 degrees downtown. see that spotlight above the city? that is the moon. it is almost a full moon. the roads are wet rather than a sheet of ice. there are a few sprinkles in delaware. york county is seeing some flurries at this hour. nothing major but a few flurries are possible. a few flurries could show what been garrett county. a lot of problems in upstate new york because of the heavy snow. there could still be some delays in new york, boston and with strong winds. the temperatures are above freezing. the roads are mainly wet. county and thes patuxent river. 33 the wind is pickin
and is taking out an ad in "the washington post" featuring a quote from lincoln. will it work? we will see. hallie jackson, wbal-tv 11 news. >> 6;09. 37 degrees at the airport. >> former president george h.w. bush is transferred to intensive care. we will have an update. >> i giant aquarium suddenly collapses. >> everyone has that fear when they stand by it. it is terrifying. the wind is picking up today. >> this is a live picture of the qtw=!n >>...
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Dec 30, 2012
12/12
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FBC
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he said that outside of washington, people do not seem to understand why this is a repeat problem. that is that congress can't make a decisi. and that regular people meet their deadlines. are you confident that we can get something done here? do you think that december 31, will come and go when we will have nothing in hand? >> look, i think the president and his sanctimonious lecture that he wants to give congress about not doing his job -- he needs to premiere on himself as well. he knows that there could be a deal. if he puts them on the table, whether it is eligibility age for medicare, something that will fundamentally reform medicare, the poor, he would get a deal -- enough votes to pass something easily. and he had some real fundamental spending cs. the problem is the tax increases happen immediately. the spenng cuts take it down, and they never end up happening. that has always been a bear trap that republicans have gone ourselves in. i don't think they are going to fall for. i don't think anyone will remember mr. mccaul or john boehner's name 10 years from now. the true fac
he said that outside of washington, people do not seem to understand why this is a repeat problem. that is that congress can't make a decisi. and that regular people meet their deadlines. are you confident that we can get something done here? do you think that december 31, will come and go when we will have nothing in hand? >> look, i think the president and his sanctimonious lecture that he wants to give congress about not doing his job -- he needs to premiere on himself as well. he...
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Dec 20, 2012
12/12
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CNBC
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chief washington correspondent john harwood joins us from washington with the details. i look away for two seconds, john, and everything's falling astart. >> it looked a couple of days ago as if the two sides were getting closer. when president obama had a news conference at the white house today, he came out to talk about gun control measures in the wake of the connecticut tragedy, but the questions were mostly focused on the fiscal cliff. the president said he couldn't understand why john boehner was detouring to plan b because the differences are narrow enough that they can still work it out. >> i've said i'm willing to make some cuts. what separates suss probably a few hundred billion dollars. the idea that we would put our economy at risk because you can't bridge that gap doesn't make a lot of sense. >> the smackdown from john boehner came shortly afterwards. it was short and sweet. he spoke for less than a minute and he said the onus is going to be on president obama if we go over the fiscal cliff. >> tomorrow the house will pass legislation to make permanent tax
chief washington correspondent john harwood joins us from washington with the details. i look away for two seconds, john, and everything's falling astart. >> it looked a couple of days ago as if the two sides were getting closer. when president obama had a news conference at the white house today, he came out to talk about gun control measures in the wake of the connecticut tragedy, but the questions were mostly focused on the fiscal cliff. the president said he couldn't understand why...
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Dec 23, 2012
12/12
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and how much is it everybody else in washington? >> yes. i don't believe blame simply the president. i think there is plenty of blame to go around but i would say, we need to stop blaming. you can't fix the problem while you are fixing the blame. i have trained leaders, literally all around the world. for the last 30 years and one of the things i teach in leadership, is that leaders accept the responsibility and accept the blame and they give away the credit. and i see a lot of politicians doing the exact opposite today. you blame, b-lame, every time you blame you are being lame and i wish both sides would stop blaming and sta fixing the problem. >> chris: finally, pastor, even if a bleak season like this year and, obviously, newtown is going to color everything about the rest of the season, we still look forward to christmas. do you have a message for all of us? myself, all of our viewers, this year, sir? >> yes, you know, chris, the purpose of christmas is actually found in the three statements at the angels made at the very first christm
and how much is it everybody else in washington? >> yes. i don't believe blame simply the president. i think there is plenty of blame to go around but i would say, we need to stop blaming. you can't fix the problem while you are fixing the blame. i have trained leaders, literally all around the world. for the last 30 years and one of the things i teach in leadership, is that leaders accept the responsibility and accept the blame and they give away the credit. and i see a lot of...
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Dec 30, 2012
12/12
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and this is how washington works most effectively. if chain cpi were part of the deal, i don't think that that's something that the white house would accept that is something as dana said, is part of a bigger deal. not something that they're going to be happy with if it's part of a small deal. but obviously this is the bartering that goes on in basic contract negotiations, it's what you see. they're posturing right now and as the clock ticks down you would expect something like that. when the president was on meet the press, he nad clear we're in the position right now where one of two things is going to happen. here's how the president put it. >> i'm confident that one of two things is going to happen when it comes to the fiscal cliff. number one, we're going to see an agreement in the next 48 hours, in which case, middle class taxes will not go up. if that doesn't happen, then democrats in the senate will put a bill on the floor of the senate, and republicans will have to decide if they're going to block it. which will mean that mid
and this is how washington works most effectively. if chain cpi were part of the deal, i don't think that that's something that the white house would accept that is something as dana said, is part of a bigger deal. not something that they're going to be happy with if it's part of a small deal. but obviously this is the bartering that goes on in basic contract negotiations, it's what you see. they're posturing right now and as the clock ticks down you would expect something like that. when the...
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Dec 27, 2012
12/12
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the president in washington and another deadline. secretary geithner warns we will hit the debt ceiling even before we tumble over the fiscal cliff. good morning from washington. it is thursday, december 27th. this is "the daily rundown." i'm luke russert. two days after christmas and washington is back to work trying to harsh out a deal to avoid the fiscal cliff. the senate will get back from the session after holiday break. the president is expected to arrive back to the white house without his family to get back to twork mework to meet the loo deadline. mike is at the white house. let's start with you. the consensus around the hill is that we are more likely than not to go over the fiscal cliff, but there is a small chance harry reid could take a house pass bill and amend it and send it back over to the house. what are you hear being that? >> conceivably, but when the president lights upon the south lawn and the marine one later this morning, it's unclear why he is coming back and who will be here with him. as you mentioned, speak
the president in washington and another deadline. secretary geithner warns we will hit the debt ceiling even before we tumble over the fiscal cliff. good morning from washington. it is thursday, december 27th. this is "the daily rundown." i'm luke russert. two days after christmas and washington is back to work trying to harsh out a deal to avoid the fiscal cliff. the senate will get back from the session after holiday break. the president is expected to arrive back to the white house...
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Dec 21, 2012
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>>neil: only in washington. only in washington. thank you all. melissa will break it down further on weekdays at 5:00 p.m. on fox business network. good stuff. catch it. >> they should pay their fair share of taxes. ♪ of what fun it is to ride in a one horse open sleigh ♪ >>neil: you are not santa. it is getting ridiculous. santa back on capitol hill delivering a wheel barrow of gold to republicans who refuse to rise taxes and a deal of pelosi aimed at republicans. >> this is like reverse robin hood taking food from the mouths of babies and seniors to give --. >>neil: you cannot get a deal done when you call each other names. the california democratic congresswoman is a member of the budget committee. congresswoman you do not take cheap shots and people could disagree with you but i think that is out of order and to santa thing is...it is pushing it. >>guest: well, i think that we are in a bad situation. i listened to your earlier guest and i sendly want to go home for christmas but i was more than willing to stay. the only problem is, we rea
>>neil: only in washington. only in washington. thank you all. melissa will break it down further on weekdays at 5:00 p.m. on fox business network. good stuff. catch it. >> they should pay their fair share of taxes. ♪ of what fun it is to ride in a one horse open sleigh ♪ >>neil: you are not santa. it is getting ridiculous. santa back on capitol hill delivering a wheel barrow of gold to republicans who refuse to rise taxes and a deal of pelosi aimed at republicans....
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Dec 29, 2012
12/12
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washington might be sending cows washington might be sending cows off a cliff. ♪ music kids will spend 22 minutes watching us, the super duper party troopers, sing about ants in their pants. brushing for two minutes now, can save your child from severe tooth pain later. two minutes twice a day. they have the time. ♪ tom: washington still fighting over the debt deal. farmers are worried about dairy deal. the farm bill is set to expire at the end of the year along with everything else that is going on. the senate agricultural committee chairwoman pushing for a short-term extension to avert the cliff. but if that does not happen, no prices -- milk prices to go up to $8 per gallon. the supermarket group on how this is going to turn consumers soured. you bet that would. that's about double. >> it is about double. it will increase, hopefully not. you are between three and $4 a gallon. it is not just about melt. this is a food cliff. we talk about the financial cliff. keep in mind, we're coming off of two years of horrible weather conditions around the globe. the drought this past summer --
washington might be sending cows washington might be sending cows off a cliff. ♪ music kids will spend 22 minutes watching us, the super duper party troopers, sing about ants in their pants. brushing for two minutes now, can save your child from severe tooth pain later. two minutes twice a day. they have the time. ♪ tom: washington still fighting over the debt deal. farmers are worried about dairy deal. the farm bill is set to expire at the end of the year along with everything else that is...
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Dec 27, 2012
12/12
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WBAL
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president obama and lawmakers return to washington day with just five days left to avert the fiscal cliff. all eyes will be on the senate after house republicans said it is up to senate leadership to reach a deal. daniel lee reports on the scramble to come together fast. >> president obama landing in washington late this morning. the senator replacing senator daniel in a way -- daniel in no way rode with him on air force one. >> i do not see how you can have a grand bargain involving tax reform entitlement changes in a matter of days. >> even starbucks is getting involved, right in "come together" on its cups. speaker john boehner is sitting the route out after failing to get house republicans to support his own plan. >> i think john boehner is being controlled, unfortunately, by the right wing. >> that leaves it up to majority leader harry ring in the red -- harry reid in the rest of the senate to find a solution. harry reid's plan will avoid tax creases for -- tax increases for people making too large and $50,000. >> you will see a two-step process here, one with the media dynamic so yo
president obama and lawmakers return to washington day with just five days left to avert the fiscal cliff. all eyes will be on the senate after house republicans said it is up to senate leadership to reach a deal. daniel lee reports on the scramble to come together fast. >> president obama landing in washington late this morning. the senator replacing senator daniel in a way -- daniel in no way rode with him on air force one. >> i do not see how you can have a grand bargain...
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Dec 27, 2012
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this is coming from the "washington post" and "usa today." not exactly passionate conservative thinking. when they want to get serious, republican: republicans have shs evidence behind closed doors and with plan b. there willing to raise tax rates. this can be done, but whether or not both sides want to get it done right now. gerri: there was an interesting story breaking down the original negotiations that broke down and obama said to have told john boehner you get nothing, i get that for free. in response to put up 800 million in tax revenue changing his entire mind and obama said basically i don't have to respond to this, i will just take it. >> president obama is governing as a negative way with an iron fist. he wants them to respect his perceived election mandate and friendly john boehner was acting in good faith because by allowing tax rate go up on certain segments of the population was compromising principles in hopes of something in return and the president offered nothing in return. gerri: there is a big storm, hundreds of flights h
this is coming from the "washington post" and "usa today." not exactly passionate conservative thinking. when they want to get serious, republican: republicans have shs evidence behind closed doors and with plan b. there willing to raise tax rates. this can be done, but whether or not both sides want to get it done right now. gerri: there was an interesting story breaking down the original negotiations that broke down and obama said to have told john boehner you get nothing,...
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Dec 28, 2012
12/12
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just about the only thing going on in washington here today. if the white house knew that the president was not going to, making a new offer here today, a lot of the speculation that was going on early and mid-afternoon might have not been healthy necessary for the deal-making dynamic here, because a lot of people were speculating that in fact there was a deal, a mini proposal, something coming new from the president, and then we get to the meeting and find out, in fact, no new offer from the president, reiterating what he said last week on friday, so the speculation got well ahead of events here, and that sort of lends to an air of disappointment here in washington and up there on wall street. we still don't know what exactly happened in this meeting so we're waiting to find out. >> obviously the fiscal cliff is the crisis du jour, chad, were you saying you would prefer to use dips as opportunities. where do you think we will be 12 months from now? no doubt there will be another crisis that we're talking about in 12 months time. what it is we
just about the only thing going on in washington here today. if the white house knew that the president was not going to, making a new offer here today, a lot of the speculation that was going on early and mid-afternoon might have not been healthy necessary for the deal-making dynamic here, because a lot of people were speculating that in fact there was a deal, a mini proposal, something coming new from the president, and then we get to the meeting and find out, in fact, no new offer from the...
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Dec 29, 2012
12/12
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, washington is usually pretty quiet this time of year. but not this weekend. lawmakers are trying to find a plan to stop us from going over the so-called fiscal cliff. good luck with that. here's what we know so far. it's up to the senate to pass a plan at this point, aides for democratic leader harry reid and republican leader mitch mcconnell are trading proposals. even if they agree, they still need the support of the caucuses. that's no sure thing. then the plan needs to pass the house too. and speaker john boehner has shown he can't control how his caucus votes. if the senate fails to act, president obama wants it to consider a much smaller plan, one that at least would stop middle class tax hikes, at least. but republicans could block a vote on that. did you get all that? >>> by now, you're probably asking how did we get in this mess? cnn's ali velshi breaks it down for us. >> now we have passed a bold package of tax relief for america's families and businesses. >> reporter: it starts more than a decade ago, when then president georg
, washington is usually pretty quiet this time of year. but not this weekend. lawmakers are trying to find a plan to stop us from going over the so-called fiscal cliff. good luck with that. here's what we know so far. it's up to the senate to pass a plan at this point, aides for democratic leader harry reid and republican leader mitch mcconnell are trading proposals. even if they agree, they still need the support of the caucuses. that's no sure thing. then the plan needs to pass the house too....
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Dec 29, 2012
12/12
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there are finally signs of life here in washington. after meeting with congressional leaders here at the white house, the president pronounced himself modestly optimistic that a bipartisan agreement can finally be struck that would prevent taxes from going up on virtually everybody in just four days. after meeting with the congressional leaders, the president said there would be one more effort to come to a bipartisan agreement to avoid the fiscal cliff. >> the hour for immediate action is here. it is now. and the american people are not going to have any patience for a politically, self-inflicted wound to our economy. >> reporter: there are signs of progress. mitch mcconnell and harry reid have agreed to spend the next 24 hours trying to come to a bipartisan agreement on a smaller fallback plan to keep at least some taxes from going up. after the meeting, house democrat leader nancy pelosi told us she's at least a little encouraged. >> it was constructive. as i say, candor is constructive, and i think it moved us forward, but we'll se
there are finally signs of life here in washington. after meeting with congressional leaders here at the white house, the president pronounced himself modestly optimistic that a bipartisan agreement can finally be struck that would prevent taxes from going up on virtually everybody in just four days. after meeting with the congressional leaders, the president said there would be one more effort to come to a bipartisan agreement to avoid the fiscal cliff. >> the hour for immediate action...
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Dec 27, 2012
12/12
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in washington, lisa will walk us through. first, let's explain what exactly the debt limit is and it sounds like maxing out a credit card, but not precisely so. >> that's right. it is not like maxing out your credit card. we are going to make it as interesting as possible. it is important. the debt limit is not like maxing out your credit card. this is money we spent as a nation. this is a lot more like buying a house. committing to a $200,000 house and signing the papers and imposing a rule on yourself that you can only borrow $100,000. you need $200,000 and you spent the money, but you have the cap that you imposed on yourself. that's what the debt limit is. we will look at where we are with this handy graphic. the debt limit is $16.394 trillion. where are we now? we are at 16.337. we are just under the limit. almost reached our capacity. >> getting that far, it's our own fault and putting ourselves in this predicament. our own fault as well. listen. the debt, we were not supposed to reach the limit until february or march
in washington, lisa will walk us through. first, let's explain what exactly the debt limit is and it sounds like maxing out a credit card, but not precisely so. >> that's right. it is not like maxing out your credit card. we are going to make it as interesting as possible. it is important. the debt limit is not like maxing out your credit card. this is money we spent as a nation. this is a lot more like buying a house. committing to a $200,000 house and signing the papers and imposing a...
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Dec 31, 2012
12/12
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virtual standing by live on capitol hill to see if there is something coming out of washington, d.c. >> reporter: good evening. talks are continuing this evening between the vice president joe biden and mitch mcconnell. they were making some sense of progress there. this is after two stop soldiers, mitch mcconnell and harry reid failed to make much progress through tonight and this morning. harry reid went home earlier this yeeng and biden and mcconnell were taking point on the negotiations. they worked out a deal couple years ago for unemployment insurance that cut the social security tax. they 6 worked together before and they have succeeded reaching a deal before and folks on capitol hill they can do so again. >> less than 26 hours from what everyone calls a fiscal cliff. it would be comprehensive big package we hear them talk about, the big compromise that speaker boen and the president had worked out a year and a half ago? >> if you want what is known a as the grand bargain you would likely get in two steps. a small down payment, a tax rate increase and some of the spending meas
virtual standing by live on capitol hill to see if there is something coming out of washington, d.c. >> reporter: good evening. talks are continuing this evening between the vice president joe biden and mitch mcconnell. they were making some sense of progress there. this is after two stop soldiers, mitch mcconnell and harry reid failed to make much progress through tonight and this morning. harry reid went home earlier this yeeng and biden and mcconnell were taking point on the...
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Dec 21, 2012
12/12
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john bolton is joining us from washington, d.c. you obviously have experience as an ambassador. what would you have done differently up up to now? >> there is very little evidence that the state department, behind the scenes or in public has given the case the serious attention that it deserves. obviously with respect to jon hammar himself, this is outrageous, he tried to follow the procedures that are required to bring a firearm into mexico. it was obviously not intended for use. but for display purposes. we can say what's happened to him. the particular facts of this case are outrageous, in and of themselves. but there is a larger issue here. i think it has to do with the mexican governments blaming the united states for part of its drug cartel problem. you know, their view is it's all of these american firearms flooding mexico, illegally. i fear that the obama administration has been sympathetic to that charge for the last four years. i think that was one of the motivations of the fast & furious operation. so that, i am worried that the administration has given jon hammar's c
john bolton is joining us from washington, d.c. you obviously have experience as an ambassador. what would you have done differently up up to now? >> there is very little evidence that the state department, behind the scenes or in public has given the case the serious attention that it deserves. obviously with respect to jon hammar himself, this is outrageous, he tried to follow the procedures that are required to bring a firearm into mexico. it was obviously not intended for use. but for...
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Dec 6, 2012
12/12
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you hear the ceos come to washington. they don't have a message other than make sure you get a deal. you can imagine that turning on a time if you get some type of massive tax increases to hit the industry. especially as a portion of this. they want to overhaul the tax system next year. >> neil: do you think we have a deal? >> i think we get a deal. but i agree that no deal is better than a bad deal. we are going to face reality of the $16 trillion in debt when we wake up january 1. >> neil: that is your generation's problems. looking out
you hear the ceos come to washington. they don't have a message other than make sure you get a deal. you can imagine that turning on a time if you get some type of massive tax increases to hit the industry. especially as a portion of this. they want to overhaul the tax system next year. >> neil: do you think we have a deal? >> i think we get a deal. but i agree that no deal is better than a bad deal. we are going to face reality of the $16 trillion in debt when we wake up january 1....
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Dec 6, 2012
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you hear the ceos come to washington. they don't have a message other than make sure you get a deal. you can imagine that turning on a time if you get some type of massive tax increases to hit the industry. especially as a portion of this. they want to overhaul the tax system next year. >> neil: do you think we
you hear the ceos come to washington. they don't have a message other than make sure you get a deal. you can imagine that turning on a time if you get some type of massive tax increases to hit the industry. especially as a portion of this. they want to overhaul the tax system next year. >> neil: do you think we
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Dec 28, 2012
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the president ended his vacation in hawaii early, flying back to washington this morning. but he made no public statements. if there is no deal on a budget by new year's day, nearly every american will see a tax increase. we have two reports on the stalemate, beginning with nancy cordes on capitol hill. nancy. >> reporter: jeff, democratic aides tell cbs news that senate majority leader harry reid is ready to introduce legislation that would avert the fiscal cliff, but only if he gets assurances from republican leaders that they won't try to block it. that standoff is creating some tension on capitol hill that spilled on to the senate floor today. >> the senate will come to order. >> reporter: in the normally genteel senate, leader reid unleashed a tirade today about house speaker john boehner, accusing him of running a dictatorship in the house. >> speaker boehner is not willing to negotiate. we have not heard a word from leader mcconnell. nothing is happening. >> reporter: mitch mcconnell, the top republican in the senate, said it's reid who hasn't reached out for weeks.
the president ended his vacation in hawaii early, flying back to washington this morning. but he made no public statements. if there is no deal on a budget by new year's day, nearly every american will see a tax increase. we have two reports on the stalemate, beginning with nancy cordes on capitol hill. nancy. >> reporter: jeff, democratic aides tell cbs news that senate majority leader harry reid is ready to introduce legislation that would avert the fiscal cliff, but only if he gets...
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Dec 21, 2012
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the story on wall street today was washington. the back and forth on the fiscal cliff negotiations sending the markets sharply lower. and so, what do we make of it here, dan? friday afternoon, we're awaiting the president to be joined by senate majority leader harry reid to make a statement on these talks into the weekend. >> in some ways i would say the reaction today, the ultimate reaction ended up being a tad muted in a lot of ways when you think about it. because the overnight lows were down 3%. in the s&p. so we closed down about 1% here and so here's a situation where i think the options market kind of has this a little bit. the six futures curve started ticking up earlier in the week in kind of a precursor to some of the equity weakness we saw today. in a lot of senses a pretty quarterly sellover. >> i agree with that. one of the things we saw in the options market. we've spoken about this many times. there are holidays coming up, if you back the holidays out, we're expecting greater than expected volatility at a time when
the story on wall street today was washington. the back and forth on the fiscal cliff negotiations sending the markets sharply lower. and so, what do we make of it here, dan? friday afternoon, we're awaiting the president to be joined by senate majority leader harry reid to make a statement on these talks into the weekend. >> in some ways i would say the reaction today, the ultimate reaction ended up being a tad muted in a lot of ways when you think about it. because the overnight lows...
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Dec 26, 2012
12/12
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come back to washington, first and foremost. dennis: a musical about some guy singing about his real feelings. lori: we are looking at the markets. tracy: i would like to see that, but i have not. lori: i have only seen it on broadway. stalks off to a tough start. early numbers point to a tough season. tracy: a nice and shiny fiscal cliff. president obama cut his vacation short. we are tracking where it is headed next. we are expecting negotiations to continue tomorrow. there is talk now that that may not happen. time to head down to the new york stock exchange with nicole petallides. nicole: merry christmas to everybody. the vix, the fear index, has been to the upside. whether or not washington will solve the worries about the so-called fiscal cliff approaching quickly. here is a look at the dow. 13,100 even. most of the dow components are under pressure. hewlett-packard doing well and bank of america in the financial round. it really is being laid upon by the retailers. i no adam shapiro will add on to that. there is a look at
come back to washington, first and foremost. dennis: a musical about some guy singing about his real feelings. lori: we are looking at the markets. tracy: i would like to see that, but i have not. lori: i have only seen it on broadway. stalks off to a tough start. early numbers point to a tough season. tracy: a nice and shiny fiscal cliff. president obama cut his vacation short. we are tracking where it is headed next. we are expecting negotiations to continue tomorrow. there is talk now that...
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Dec 27, 2012
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first from fox at 3:00, back to work in washington, d.c. with less than five days to go before falls right off the fiscal cliff. the senate back in session today and it's the first time the senate or house has met for business between christmas and new year's in more than four decades. president obama cut his hawaii trip short arriving in washington early today. for now, the house of representatives is not in session but we've learned those lawmakers are set to return this weekend. today the senate majority leader, harry reid, says we've just about run out of time. >> if we go over the cliff, and that's where we're headed, mr. president, the house of representatives as we speak with four days left after today before the first of the year, aren't here with the speaker having told them they'll give them 48 hours notice. i can't imagine their consciences, out wherever they are around the country and we're here trying to get something done. >> we're awaiting reaction from the senate minority leader, mitch mcconnell. when that happens we'll go l
first from fox at 3:00, back to work in washington, d.c. with less than five days to go before falls right off the fiscal cliff. the senate back in session today and it's the first time the senate or house has met for business between christmas and new year's in more than four decades. president obama cut his hawaii trip short arriving in washington early today. for now, the house of representatives is not in session but we've learned those lawmakers are set to return this weekend. today the...
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Dec 19, 2012
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there is a fear of some kind of falling off a cliff or something or maybe washington is just horrible. maybe. >>neil: son of a...the rating agencies says the way these guys are dilly-dallying on the cliff, we still could see our credit rating take a dive. deal or though deal? welcome, everyone, i am neil cavuto. i think that was the way of telling washington quit playing us for fools and thinking this finger pointing is winning you friends. it is costing your country. leaving aside a major credit rating calling the politician's bluff did this hint if they come up with a keel that is stupid this will be hell? charles payne says that downgrade could be coming no matter what. warm, -- charles, what will happen? >>guest: the debt ceiling debate, july 29, they come up with an agreement and the president signs it august 2, and we are downgraded after the president signed. the deal was signed and it was done, they point to a lack of faith in the leaders and in washington, dc. they are saying the same thing. when i read that, and the quote is deficit cutting plan, you mention playing us as fo
there is a fear of some kind of falling off a cliff or something or maybe washington is just horrible. maybe. >>neil: son of a...the rating agencies says the way these guys are dilly-dallying on the cliff, we still could see our credit rating take a dive. deal or though deal? welcome, everyone, i am neil cavuto. i think that was the way of telling washington quit playing us for fools and thinking this finger pointing is winning you friends. it is costing your country. leaving aside a...